The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract. The agreement will replace the expiring contract

Dockworkers tentatively agree to a new deal, preventing a potential port strike that may have snarled supply chains, created shortages and inflation.

President-elect Donald Trump's help was instrumental in avoiding a port strike by the International Longshoremen's Association, according to the union boss.

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.

The head of the dockworkers union praised President-elect Trump for his support amid contract negotiations with port operators, particularly on the issue of automation. The International

The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U.

The United States Maritime Alliance and the International Longshoremen's Association reached a deal on a contract Wednesday night, avoiding a strike that could have closed ports up and down the East Coast and crippled the U.

Both parties said the deal "establishes a framework for implementing technologies that will create more jobs while modernizing" the ports.

The International Longshoremen's Association reached an agreement Wednesday on a new master labor contract with the United States Maritime Alliance, averting a strike at U.S. east coast and gulf coast ports.